›› 2020, Vol. 32 ›› Issue (5): 87-95.

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The Impact of Environmental Regulation on Technological Innovation and Its Regional Heterogeneity: Empirical Analysis Based on China Provincial Panel Data

Yu Peng1, Li Xin1, Zhang Jian1, Xue Yawei2   

  1. 1. School of Government, Central University of Finance and Economics, Beijing 100081;
    2. School of Management, Qingdao University of Technology, Qingdao 266520
  • Received:2019-06-25 Online:2020-05-28 Published:2020-06-03

Abstract:

Under the traditional economics, environmental regulation often brings about the increase of production cost, and then reduces the profits of enterprises. However, Porter points out that environmental regulation does not always have a negative impact on enterprises and may promote technological innovation. Using panel data of 30 provinces in China from 2005 to 2016, this paper adopts panel negative binomial regression to analyze the impact of environmental regulation on technological innovation, and explores the regional heterogeneity of the impact by introducing the threshold effect of technology intensity. The results show that: (1) As a whole, with the increase of the intensity of environmental regulation, the level of technological innovation presents an inverted U-shaped trend; (2) The impact of environmental regulation on technological innovation has regional heterogeneity, which is more significant in the eastern region, but not in the central and western region; (3) There is a threshold of technology intensive, when the technology intensity of a region (province) reaches a certain threshold, environmental regulation has a significant impact on technological innovation.

Key words: porter hypothesis, environmental regulation, technological innovation, technological intensity